Civic Intelligence

Booth Manor Inc.

990 • Fiscal year 2016 • EIN 39-1591829

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 02, 2017

11315 W Watertown Plank RoadWauwatosa, WI 53226

(414) 302-4300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.45x

Higher debt load relative to assets than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

2.99x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

50th percentile

2.7%

Higher net margin than 50% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

22nd percentile

-6.1%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

9.6%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$863,796

Down $56,362 (-6.1%) from 2015

Net Assets

Up

-$384,758

Up $11,228 (+2.8%) from 2015

Liabilities

Down

$1,248,554

Down $67,590 (-5.1%) from 2015

Revenue

Up

$416,956

Up $36,641 (+9.6%) from 2015

Expenses

Down

$405,729

Down $13,288 (-3.2%) from 2015

Net Income

Up

$11,227

Up $49,929 (+129%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2010: $1,176,065Liabilities 2010: $1,422,830Net Assets 2010: -$246,7652010Assets 2011: $1,132,998Liabilities 2011: $1,392,022Net Assets 2011: -$259,0242011Assets 2012: $1,089,804Liabilities 2012: $1,380,034Net Assets 2012: -$290,2302012Assets 2013: $1,009,445Liabilities 2013: $1,341,243Net Assets 2013: -$331,7982013Assets 2014: $966,147Liabilities 2014: $1,323,431Net Assets 2014: -$357,2842014Assets 2015: $920,158Liabilities 2015: $1,316,144Net Assets 2015: -$395,9862015Assets 2016: $863,796Liabilities 2016: $1,248,554Net Assets 2016: -$384,7582016Assets 2017: $867,534Liabilities 2017: $1,246,440Net Assets 2017: -$378,9062017Assets 2018: $858,741Liabilities 2018: $1,205,432Net Assets 2018: -$346,6912018Assets 2019: $803,863Liabilities 2019: $1,144,715Net Assets 2019: -$340,8522019Assets 2020: $791,430Liabilities 2020: $1,117,846Net Assets 2020: -$326,4162020Assets 2021: $741,616Liabilities 2021: $1,056,805Net Assets 2021: -$315,1892021Assets 2022: $724,241Liabilities 2022: $1,013,852Net Assets 2022: -$289,6112022Assets 2023: $710,686Liabilities 2023: $976,454Net Assets 2023: -$265,7682023Assets 2024: $688,073Liabilities 2024: $898,249Net Assets 2024: -$210,1762024

Highlighted filing

2016

Assets$863,796
Liabilities$1,248,554
Net Assets-$384,758

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $350,261Expenses 2010: $370,705Net Income 2010: -$20,4442010Revenue 2011: $372,811Expenses 2011: $385,070Net Income 2011: -$12,2592011Revenue 2012: $371,560Expenses 2012: $402,766Net Income 2012: -$31,2062012Revenue 2013: $332,687Expenses 2013: $374,255Net Income 2013: -$41,5682013Revenue 2014: $378,874Expenses 2014: $404,360Net Income 2014: -$25,4862014Revenue 2015: $380,315Expenses 2015: $419,017Net Income 2015: -$38,7022015Revenue 2016: $416,956Expenses 2016: $405,729Net Income 2016: $11,2272016Revenue 2017: $402,778Expenses 2017: $396,926Net Income 2017: $5,8522017Revenue 2018: $416,879Expenses 2018: $384,664Net Income 2018: $32,2152018Revenue 2019: $416,959Expenses 2019: $407,227Net Income 2019: $9,7322019Revenue 2020: $429,328Expenses 2020: $414,892Net Income 2020: $14,4362020Revenue 2021: $430,386Expenses 2021: $419,159Net Income 2021: $11,2272021Revenue 2022: $449,619Expenses 2022: $424,041Net Income 2022: $25,5782022Revenue 2023: $464,070Expenses 2023: $440,227Net Income 2023: $23,8432023Revenue 2024: $485,698Expenses 2024: $430,106Net Income 2024: $55,5922024

Highlighted filing

2016

Revenue$416,956
Expenses$405,729
Net Income$11,227
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 2, 2017
Return Version
2015v3.0
Gross Receipts
$416,956
Mission and Program Overview

Mission

Provide housing for low and moderate income elderly and handicapped people.

Provide housing and service for low-income elderly persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$844,847$803,129▼ $41,718
Savings and Temporary Cash Investments-$32,452-
Accounts Receivable$13,378$0▼ $13,378
Cash and Non-Interest-Bearing Accounts$4,108$13,157▲ $9,049
Pledges and Grants Receivable-$3,698-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$920,158$863,796▼ $56,362
Other Assets Total$57,825$11,360▼ $46,465
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,247,031$1,212,989▼ $34,042
Accounts Payable and Accrued Expenses$58,383$24,205▼ $34,178
Other Liabilities$10,730$11,360▲ $630
Total Liabilities$1,316,144$1,248,554▼ $67,590
Net Assets / Fund Balance
Unrestricted Net Assets$-395,986$-384,758▲ $11,228
Total Net Assets Fund Balance$-395,986$-384,758▲ $11,228
Total Liabilities and Net Assets / Fund Balance$920,158$863,796▼ $56,362

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$572,044$858,072$1,430,116
Leasehold Improvements$128,173$36,352$164,525
Land$94,026-$94,026
Equipment$8,886$68,943$77,829
Other Land Buildings-$35,392$35,392
Compensation and Service Providers

Employees

NameTitleOtherTotal
Paul R SeilerPresident$118,547$118,547
Paul D SmithDirector$73,502$73,502
Jeffrey J SmithVice President$72,735$72,735
Richard T AmickTreasurer$72,630$72,630
Ralph BukiewiczAsst. Secretary$68,626$68,626
Richard E HerivelAsst. Treasurer$68,428$68,428
Dan JenningsFormer Director$63,351$63,351

Board Members and Trustees

NameTitle
David E JeffreyChairman
Steve MerrittDirector
Bramwell E HigginsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$247,662
Program Service Revenue
$151,551
Investment Income
$45
Other Revenue
$17,698
All Other Contributions
$23,113
Change in Net Assets
$11,227

Audited Revenue Reconciliation

Revenue per Audited Statements
$416,956
Total Revenue per Audited Statements
$416,956
Total Revenue per Form 990
$416,956
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$313,848
Salaries, Compensation, and Employee Benefits$91,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$102,696--$102,696
Other Salaries and Wages$50,538$24,076-$74,614
Office Expenses$42,491$24,602-$67,093
Occupancy$42,929--$42,929
Depreciation Depletion$41,719--$41,719
Fees for Services Management-$23,100-$23,100
Fees for Services Accounting-$17,900-$17,900
Insurance$12,594--$12,594
Other Employee Benefits$11,657--$11,657
Payroll Taxes$5,610--$5,610
Other Expenses-$5,377-$5,377
Advertising-$440-$440
Total Functional Expenses$310,234$95,495$0$405,729

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$405,729
Total Expenses per Audited Statements$405,729
Total Expenses per Form 990$405,729
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$11,360
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The salvation army performs management functions for the organization.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The organization operates an apartment complex under section 202 of the national housing act. Items such as rent charges, major additions and renovations and cash distributions to officers and directors are subject to prior approval by the u.s. Department of housing and urban development.

Form 990, Part VI, Line 11B: Form 990 Review Process

The finished form 990 is reviewed by the organization's tax committee prior to it being filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Booth Manor, Inc. is an affiliate of Salvation Army. The conflict of interest policy of the Salvation Army governs the actions of directors and trustees of Booth Manor, Inc. The following is a description of Salvation Armys conflict of interest policy:In order to avoid any appearance that the judgment of a Salvation Army officer or employee has been influenced, it is the policy of the Salvation Army that Salvation Army officers, employees, members or their immediate family (spouse, children and parents) and other household members will not solicit or accept, directly or indirectly, any money, valuables, or favors from any person in circumstances which may affect, or appear to influence the officers or employees business judgment, including from any person who is or seeks to be a vendor of goods or services including consultants, to The Salvation Army (referred to in this policy as Vendors). No Salvation Army officer or employee will accept employment by, or act as a consultant to, any vendor. No Salvation Army Officer or employee or member of the immediate family or member of the household of any officer or employee, shall serve as a director or officer of, or have any financial interest in, any vendor, or accept any business opportunities, commissions, or other financial arrangements that are offered by vendors, or engage in any other conduct with vendors that might appear to compromise the officers or employees judgment or loyalty to The Salvation Army. For the sake of clarity, it shall not be a violation of this policy for officers or employees to receive from a vendor (A) Legitimate business related meals or (B) Entertainment, gifts or favors with an insubstantial or nominal value unless there is a reasonable possibility the item could be construed as quid pro quo for the retention of the vendor.Implementation: All Salvation Army officers will receive a copy of the foregoing policy. Such officers are also subject to various international orders and regulations, including the orders and regulations for the officers of The Salvation Army, which reinforce such policy and, in certain cases, impose more stringent requirements. Failure by a Salvation Army officer to comply with the policy or such orders and regulations will result in discipline, up to and including termination. The foregoing policy will also be included in The Salvation Army Central Territory employee manual, and all employees of The Salvation Army must sign a statement acknowledging receipt of, and agreeing to comply with, the policies in such manual. Any failure by an employee to comply with the policy will result in discipline by The Salvation Army, up to and including termination.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Booth Manor, Inc. makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Booth Manor Inc
EIN
39-1591829
Phone
4143024300
Address
11315 W WATERTOWN PLANK ROAD, WAUWATOSA, WI 53226

Signing Officer

Name
Bramwell E Higgins
Title
Secretary
Signed
2017-08-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul R Seiler
Formed
1992
Legal Domicile
Wi
Voting Board Members
9
Independent Board Members
1
Employees
0

Preparer

Firm
CNA Tax Professionals Inc
Address
8606 Allisonville Rd Ste 120, Indianapolis, IN 46250
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

To tie to beginning balance per audit report = $1

Financial Statement Notes

Part X : FIN48 Footnote

FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2 The Corporation qualifies as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of Section 501(a) of the Code.In the event the Corporation was to lose its tax exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. No such differences existed as of September 30, 2016 and 2015. The Corporation adopted the standard for Accounting for Uncertainty in Income Taxes. The entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed.

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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherLiabilitiesGrp/BOYAmt010730
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
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IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt02238
IRS990/OtherRevenueMiscGrp/ExclusionAmt115460
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt115460
IRS990/OtherRevenueTotalAmt017698
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024076
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IRS990/OtherSalariesAndWagesGrp/TotalAmt074614
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05610
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03698
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0PAUL R SEILER
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT & CHARGES
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027961
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IRS990/PYInvestmentIncomeAmt058
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IRS990/PYOtherExpensesAmt0320600
IRS990/PYProgramServiceRevenueAmt0352296
IRS990/PYRevenuesLessExpensesAmt0-38702
IRS990/PYSalariesCompEmpBnftPaidAmt098417
IRS990/PYTotalExpensesAmt0419017
IRS990/PYTotalRevenueAmt0380315
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt011227
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0416911
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt032452
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027961
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt036614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt033482
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt034267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0379986
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt059
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt073
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0169249
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0352296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0342201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0299130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0337220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01500096
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt045
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt073
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IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportPY509Pct00.59240
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0163050
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0147563
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0219549
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0110158
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0147563
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0785852
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0378815
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0332612
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0371487
IRS990ScheduleA/Total509Grp/TotalAmt01880082
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0332687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0371560
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01880392
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0858072
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01430116
IRS990ScheduleD/EquipmentGrp/BookValueAmt08886
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068943

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.90$0.21$0.49$0.43$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.71$0.98$0.27$0.46$0.44$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.72$1.01$0.29$0.45$0.42$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$1.06$0.32$0.43$0.42$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.79$1.12$0.33$0.43$0.41$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.80$1.14$0.34$0.42$0.41$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.86$1.21$0.35$0.42$0.38$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.87$1.25$0.38$0.40$0.40$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.86$1.25$0.38$0.42$0.41$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.92$1.32$0.40$0.38$0.42$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.97$1.32$0.36$0.38$0.40$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.34$0.33$0.33$0.37$0.04
2012Summary only. Only limited summary data is available for this year.$1.09$1.38$0.29$0.37$0.40$0.03
2011Summary only. Only limited summary data is available for this year.$1.13$1.39$0.26$0.37$0.39$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$1.42$0.25$0.35$0.37$0.02